Bank of America Securities analyst James Redfern reiterated a Buy rating on BHP Group (BHP – Research Report) today. The company’s shares opened today at $57.56.
Redfern covers the Basic Materials sector, focusing on stocks such as BHP Group, BHP Group Ltd, and Fortescue Metals Group Ltd. According to TipRanks, Redfern has an average return of -2.7% and a 44.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BHP Group with a $59.83 average price target.
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The company has a one-year high of $67.62 and a one-year low of $44.36. Currently, BHP Group has an average volume of 2.51M.
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BHP Group (BHP) Company Description:
BHP Group Ltd. extracts and processes minerals, oil and gas. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The company was founded on August 13, 1885 and is headquartered in Melbourne, Australia.
Read More on BHP:
- BHP Group price target raised to 2,750 GBp from 2,715 GBp at Barclays
- BHP Group price target raised to 2,710 GBp from 2,550 GBp at JPMorgan
- BHP upgraded to Neutral on low iron ore inventory at UBS
- BHP Group upgraded to Neutral from Sell at UBS
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